Ink Token Analysis and Markets in 2020

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Last modified on 11. October 2020

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Quarters

Quick Facts

Ink is a small cryptocurrency. It had a market capitalization of just above US$ 591 thousand on 1 October 2020, accounting for less than 0.01 percent of the digital currency market.¹^|2 It also has the ticker symbol INK, so the same but in capital letters.

The user known as rijaljun announced the launch of Ink on 28 October 2017 at bitcointalk.org. coinmarketcap.com subsequently began the collection of real-time trading data in December 2017.

ink.one

Quarterly Averages

This section presents the quarterly averages (trimester) for trading volume, market capitalization and trading price for 2017, 2018, 2019 and 2020.

Trading Volume & Market Capitalization

For example, Ink had an average trading volume of over US$ 2.9 m per day for the first trimester of 2019. This figure came to nearly US$ 51 m during the same period the year before. The corresponding downward retracement of trading volume equated to 94.2 percent.

The average market capitalization during the first trimester of 2019 equated to over US$ 3.2 m. In the same period of 2018, this figure came to nearly US$ 120 m. Market capitalization dropped down accordingly by 97.3 percent.

Trading Price

The all-time high of Ink in 2017

Ink Price analysis generated by coindashboards.com — Price analysis for the most important moments in Ink’s trading history (INK)

The Ink currency climbed to a high in December 2017 at over one. The equivalent market capitalization of the token reached nearly US$ 390 million. Ink was an outlier here.

Inks all-time high compared to Bitcoin and the most renowned companies worldwide

Bitcoin, by far the largest cryptocurrency at the time, had a market capitalization of US$ 279 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 901 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 102 billion.

Ink (INK): 0.39 bn US dollars
Bitcoin (BTC): 279 bn US dollars
Apple (AAPL): 901 bn US dollars
VW (VWAGY): 102 bn US dollars
Date: 20 December 2017

More Details

The Ink-Token is not a native digital currency and is not generated through mining. It has an upper limit of exactly one billion US dollar tokens. If you are interested in the source code, be sure to also visit the GitHub page.

This block explorer can be used to track the current block height and other recently updated metrics around all Ink transactions.

Further details about Ink, including the white paper and other links to source code, community forums and social media channels can be found on ink.one.

Markets

Ink Market analysis generated by coindashboards.com — Markets on which Ink (INK) can be traded

USD

There are a number of platforms where you can buy or sell Ink, including Gate.io and HitBTC.

BTC

The trading platforms for buying or selling Ink in BTC are HitBTC, Gate.io and CoinEgg.

^{1. This figure changes to 0.0004 percent when taking Bitcoin out of the equation.}

^{2. Read about our sources}